Top China Stories from WSJ: Yuan Milestone, Oil Clique Probe

Milestone for Yuan Marks Rise of China: China for the first time joined the ranks of the most-traded international currencies, underscoring the rise of the world’s second-largest economy and the growth of the global foreign-exchange market. (Subscriber Content)

Oil Clique at Center of Chinese Probes: The targeting of a network of Chinese oil executives is seen as designed to weaken vested interests, while some say a factor behind it is their patron’s support for Bo Xilai. (Subscriber Content)